Browsing Tag

M-Pesa

Europe adopts Kenyan banking technology-M-Pesa

Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe. The M-Pesa mobile money transfer system, which allows clients to send cash with their telephones,…

‘Kenyan did not invent famed M-Pesa’

NAIROBI, KENYA: Kenyans had close to nothing to do with the creation of M-Pesa that had put the country on the global radar as an innovation hub. A new book reveals that a senior Vodafone employee conceived M-Pesa in 2003. Titled, Money,…

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